XML 85 R33.htm IDEA: XBRL DOCUMENT
v3.20.1

Investments in Other Entities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract] |
Equity Method Investments | 531 W. College LLC’s unaudited balance sheet at and unaudited statement of operations for the years ended December 31, 2019 and 2018 are as follows: Balance Sheet
|  | December 31, 2019 (unaudited) |  | December 31, 2018 (unaudited)
Assets |  |  |  |
Cash |  | $ | 139,436 |  |  | $ | 158,088 |
Other current assets |  | 16,500 |  |  | 16,137 |
Other assets |  | 70,000 |  |  | 70,000 |
Property and equipment, net |  | 33,581,438 |  |  | 33,394,792 |
Total assets |  | $ | 33,807,374 |  |  | $ | 33,639,017 |
Liabilities and Stockholders’ Equity |  |  |  |
Current liabilities |  | $ | 1,061,577 |  |  | $ | 1,007,413 |
Stockholders’ equity |  | 32,745,797 |  |  | 32,631,604 |
Total liabilities and stockholders’ equity |  | $ | 33,807,374 |  |  | $ | 33,639,017 |
Statement of Operations
|  | Year Ended December 31, 2019 (unaudited) |  | Year Ended December 31, 2018 (unaudited)
Revenues |  | $ | — |  |  | $ | — |
Expenses |  | 1,010,423 |  |  | 875,771 |
Loss from operations |  | (1,010,423 | ) |  | (875,771 | )
Other income |  | 474,617 |  |  | 162,451 |
Net loss |  | $ | (535,806 | ) |  | $ | (713,320 | )
LMA’s IPA line of business unaudited summarized balance sheets at December 31, 2019 and 2018 and unaudited summarized statements of operations for the years ended December 31, 2019 and 2018 are as follows: Balance Sheets
|  | December 31, 2019 (unaudited) |  | December 31, 2018 (unaudited)
Assets |  |  |  |
Cash and cash equivalents |  | $ | 6,345,195 |  |  | $ | 18,444,702 |
Receivables, net |  | 5,123,228 |  |  | 2,897,337 |
Other current assets |  | 3,526,319 |  |  | 5,459,442 |
Loan receivable |  | 2,250,000 |  |  | 1,250,000 |
Restricted cash |  | 683,358 |  |  | 667,414 |
Total assets |  | 17,928,100 |  |  | 28,718,895 |
Liabilities and Stockholders’ (Deficit) Equity |  |  |  |
Current liabilities |  | $ | 23,529,745 |  |  | $ | 26,837,814 |
Stockholders’ (deficit) equity |  | (5,601,645 | ) |  | 1,881,081 |
Total liabilities and stockholders’ (deficit) equity |  | $ | 17,928,100 |  |  | $ | 28,718,895 |
Statements of Operations
|  | Year Ended December 31, 2019 (unaudited) |  | Year Ended December 31, 2018 (unaudited)
Revenues |  | $ | 194,020,435 |  |  | $ | 239,031,485 |
Expenses |  | 205,153,162 |  |  | 251,738,193 |
Loss from operations |  | (11,132,727 | ) |  | (12,706,708 | )
Other Income |  | — |  |  | 173,356 |
Loss before income tax benefit |  | (11,132,727 | ) |  | (12,533,352 | )
Income tax benefit |  | — |  |  | (3,334,332 | )
Net loss |  | $ | (11,132,727 | ) |  | $ | (9,199,020 | )
UCI’s unaudited balance sheets at December 31, 2019 and 2018 and unaudited statements of operations for the years ended December 31, 2019 and 2018 are as follows: Balance Sheets
|  | December 31, 2019 (unaudited) |  | December 31, 2018 (unaudited)
Assets |  |  |  |
Cash |  | $ | 33,889,962 |  |  | $ | 27,812,520 |
Receivables, net |  | 63,843,009 |  |  | 46,978,703 |
Other current assets |  | 38,280,156 |  |  | 18,670,350 |
Other assets |  | 882,243 |  |  | 661,621 |
Property and equipment, net |  | 4,021,341 |  |  | 2,786,996 |
Total assets |  | $ | 140,916,711 |  |  | $ | 96,910,190 |
Liabilities and stockholders’ deficit |  |  |  |
Current liabilities |  | $ | 128,330,389 |  |  | $ | 89,731,133 |
Other liabilities |  | 33,132,948 |  |  | 25,024,043 |
Stockholders’ deficit |  | (20,546,626 | ) |  | (17,844,986 | )
Total liabilities and stockholders’ deficit |  | $ | 140,916,711 |  |  | $ | 96,910,190 |
Statements of Operations
|  | Year Ended December 31, 2019 (unaudited) |  | Year Ended December 31, 2018 (unaudited)
Revenues |  | $ | 500,374,910 |  |  | $ | 326,719,634 |
Expenses |  | 502,566,659 |  |  | 335,242,582 |
Loss before income tax provision |  | (2,191,749 | ) |  | (8,522,948 | )
Income tax provision |  | 257,628 |  |  | 3,692,818 |
Net loss |  | $ | (2,449,377 | ) |  | $ | (12,215,766 | )
Investments in other entities – equity method consisted of the following:
|  | December 31, 2019 |  | December 31, 2018
Universal Care, Inc. |  | $ | 1,438,199 |  |  | $ | 2,635,945 |
LaSalle Medical Associates – IPA Line of Business |  | 6,396,706 |  |  | 7,054,888 |
Diagnostic Medical Group |  | 2,334,083 |  |  | 2,257,346 |
Pacific Medical Imaging & Oncology Center, Inc. |  | 1,395,878 |  |  | 1,359,494 |
Pacific Ambulatory Surgery Center, LLC |  | — |  |  | 285,198 |
Accountable Health Care IPA |  | — |  |  | 4,977,957 |
531 W. College, LLC |  | 16,697,898 |  |  | 16,273,152 |
MWN, LLC |  | 164,691 |  |  | 33,000 |
|  | $ | 28,427,455 |  |  | $ | 34,876,980 |

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration